Second-tier banks of Kazakhstan

15.07.2016 15:12 1235

Following the results by the end of May, Kazakhstan’s retail deposit portfolio increased by 6.9 billion tenge, totaling an increase of 61.7%. As analysts say, after the spring calm period, the market once again is receiving signals to grow. During the year, the share of individual deposits in second-tier banks’ portfolio increased from 39% to 43%. More than 40% of the market of retail deposits accounts for Halyk Bank and Kazkommertsbank. The share of the Halyk Bank within a year remained unchanged at 20%, the share of Kazkommertsbank increased from 15.4% to 19.9%.